tv [untitled] November 27, 2011 2:30am-3:00am EST
the week's top stories head on r.t. the heat is turned up on egypt's ruling generals with hundreds of thousands protesting their rule on cairo's tahrir square and across the country that is voted second of monday's parliamentary poll. over the u.s. missile shield in europe and the ones that will deploy rockets at the border if washington's planned to team russia safety. and depression credit rating downgrade shaky europe even battles to control soaring interest rates on its runaway debt. market faces a collapse is now imminent. the world has its means with wasted food the other of those hungry next we look at who controls food production prices making it an affordable for many. the
in order to understand how the system works it is necessary to look at the parties involved the producer and the buyer for example the producer and the fire agree that one will sell and the other will buy a specific amount of weight at a specific price and that the product will be delivered in a year from now for that they sign an agreement which is known as a time contract was such contracts insure producers and buyers against such risks as bad weather and sudden changes in prices. i'm if you're a farmer you're afraid the prices are going to fall you can lock in the price months ahead of when you harvest by selling here and get rid of the risk or you can do the same if you're a full buyer a processor like general mills or kellogg's or post and you can lock in the
priced of the grain months ahead of when you actually need to buy it so that when you actually do go buy it if prices are much higher you've got it bought already at a much lower price than. these contracts do not remain in art they are bought and sold by profiteers and a contract might swap hands dozens of times before it expires for example buyers purchase contracts for wheat and a low price if the price we close up they have made a profit. we're transferrin risk whole purpose of the exchange is to transfer risk from people that have it like farmers and don't want it to people like myself speculators that take the risk because if you take a risk and you're right to make money course if you are wrong you lose money i. since two thousand and six big players have begun to appear at the chicago grain
model. now there not only traditional players at the pits but also managers of huge financial institutions that until a few years ago showed no interest in investing in food. the financial markets which had been very greedy in lending money for mortgages in the united states lost on the want good market the sub prime crisis as it was called led to a collapse in investments. with the markets crumbling because of the mortgage crisis highly investing profiteers saw a new opportunity in food they invaded the chicago markets and began to buy time contracts in unprecedented quantities causing prices to shoot up.
investor has jumped out of real estate and housing and jumped on the bandwagon of primary commodities food from oddities then money and the monopoly control of every business companies like cargill that drove the prices upwards. i totally disagree with that kind of talk that speculators are not behind the big rise in prices speculation has very very little to do with it. when bubbles break liquid gets splashed all over the place and yes there is not a question there was some correlatives so. i don't doubt for a moment that speculators move grain prices do i think that they move grain prices by one hundred percent now i think that speculators problem move move the grain prices by. twenty percent to sixteen percent.
that prices would have gone up anyway. because of the weather problems on the weak dollar and the export bans and tight world stocks that's why prices went up the hunger that has become permanent and global is totally own creation of the global food system the global food system is not created to feed the people of the world it's created to maximize the profits from one cent to the seeds of cargill for trade for selling best besides herbicides fertilizer in the period of two thousand and seven to two thousand and eight while food prices doubled. the profits of these companies also doubled so if you want to understand why prices are going up while be polite less you just have to look at these companies when santa is buying up every seed company of the world cargill
controls about seventy percent stake will treat the world and they would like to control hundred percent and they would like the situation with a prayer that says give us this day our daily bread is a prayer not to call the creator but is a pray to cargill and months and. us company monsanto is the world's biggest trader of genetically modified seat. it began as a small producer of chemicals turning into one of the creators of the infamous agent orange in the sixty's and seventy's a poison that was used in the vietnam war the deforested huge areas and caused cancer and tetra genesis which continues to affect the country even today. in two thousand and two the company obtained permission from the government of india to introduce a genetically modified cotton seed in the market no one knows bt called it is
genetically enriched in laboratories with the bacteria capable of killing the parasites that threaten this plant. we have been able to develop a technology called border guard a bt cotton technology where we. produce the seed that has protection to pests thereby. production reduce the number of pesticides they've been using in the field to control. and. after the introduction of. the world's second largest producer and the second largest exporter introduction of. for centuries the farmers of india cultivated their farms and their seeds which were given to them by mother earth. and. they are a gift from the gods that belong to no one and gave everyone the right to use.
. we had cotton we had corn we had peppers we had everything. the seeds yours. they were ours the peppers the corner the cotton were ours. and you want to price for your crop. yes even won a prize so if your seeds were good why did you take the others the others were also using them we thought we could get a better harvest. and we used them too that's how it happened. with these seeds we got ourselves into dead.
so. they assured us we would get two hundred kilos from each field. the first time we had only a few expenses for the seeds. then we used fertilizers once or twice. now we used them five times and it's not enough. only the soil has lost its strength because of the bt cotton if we use a different seed nothing grows you don't use your own seat no we do not. it's. you hunt that wouldn't you can't imagine their deception they would bring p.t. seeds and say we don't need to use a lot of chemicals. come in for a year it was like that however the following year a new parasite the mill
a bug arrived really but. well at the beginning they said we wouldn't need to spray at all. then they said you must use some for this bug or this for the other bug so what is the situation now. about what those months on to produce it also produces chemicals and who is the biggest trader in chemical monsanto do you think they'll stop bringing their chemicals and pesticides to the market with any company give up on profit know. that. the farmers in india cultivate expensive crops they depend on multinationals for seeds medicine fertilizers of which they need more and more. on the same farmer that spent nothing on seeds before now must spend forty percent on stilts. before there
were no expenses on fertilizers now twenty percent goes to that the farmer would not use any pesticides now that amounts to ten percent and all this adds up to seventy percent that they must put on the cost of themselves you know not our. it was a very bad day he was going round and round about his mother was sick in bed with you when he came and sat back there his wife was sleeping there. he didn't see what he did but he had soaked himself in petrol. and we saw a very strong fire and then he came in fell here. and we were all here. but i've had the body. good and he was burning in front of our eyes
he burned very quickly as the. girl smiled in this as. though we did everything we could to save him we took him to the hospital but he died two or three hours later. in the bunk in the us he would tell us he knew we told him not to take it too seriously we didn't imagine he'd do something like that he was worked up and sat thinking alone for hours we would tell him the hard days would pass that's what we tell him with.
a story that we have suddenly become scandinavians and don't see the sunlight and therefore getting depressed and. it's amazing how hard for him and imagination can be. when it wants to find excuses to not i understand the real root of the crisis the government's own data shows that the majority of farmers who have committed suicide with deeply indebted are dying to shools the majority of them watching today because the country. mostly sides of the two hundred thousand are in the cotton belt most of them have grown bt clinton the story of indian farmers is the story of how these debases
corporations have emerged as criminal corporations i often see if two hundred thousand people had been killed by a dictator we would have called it genocide. suicides in india are tragic phenomena and unfortunately have existed we before the introduction of bt cotton in two thousand and two cause the suicides is really indebtedness and then so often other causes are inadequate infrastructure and education. and fall so on and so forth.
chris are very much. she would say nothing. so that she would say nothing about alone i always find humor in salt. she was always worked up his mind was working all the time. she was never happy she would pretend to be happy outside inside the house he seemed lost. i talked to him i told him god was testing us let's not to warry we'll get through this i said but he said that was impossible because we had debts and knew harvest. how will belief . how will raise our children now. all the toward the team and she wouldn't talk much.
when we. were at school and the girls told me her father drank poison i couldn't understand what he drank and what it was. he will be the late me the seeds they give us that is the main cause of suicide they put in ny leaders inside that. in the past any tree that gave seeds if we kept them and preserve them for the whole season and planted a tree the next year it would grow just like the one before but it would be if we keep the seeds from this one nothing will grow no one told the farmers this.
eventually the village learns that this person cannot produce anything. but. what it was then not even the loaner will lend him money the bank won't lend him money out. and he gets depressed. and it. the day comes when he will do something. and situation has become tragic. but even if. they risk being sued by the company. protected. the right to exploit it exclusively for twenty.
increase the cost of production for farmers. we borrowed money from everyone to buy seeds we ran out of money. by when there was this kind of my husband killed himself because of the debts with a neighbor well they couldn't save anything. medical of she was depressed the dad was huge. so that now i don't know what to do when my husband brought to mommy. get them to nobody will lend money to woman to the dead someone especially. in this situation and i feel so sad i.
did not have protection against. farmers had to spray pesticides. scientists agriculture scientists around the world was able to find a more sustainable we to protect the plant against those against that. that was a technology called bt which is inserted into the sea it's a product of science in the sea. really in all of the controls that food supplies the seed supply and those companies now are going beyond the patenting of a single plant for id to say we can patent all plants and we can patent all crops with a single problem we're claiming traits within those varieties and in those crops that are common to all of them. so we control everything we control the food system
. did they make the seeds know that until today nature made the seeds did they create anything living they couldn't. or as much in the seventy's there is no proprietary see the planet whatsoever not really today eighty two percent of the seeds sold are proprietary they're part of a patent issues. that's an enormous change. genotyping engineered crops do not produce more food but they tell the lie to grow up the markets more trade does not feed people it leads won't people hungry because a globalized tree and then becomes a trade controlled by five agribusiness corporations who can bid the price as they
want and they want to speculate upwards they speculate upwards when they want to fix the prices downwards to capture markets they take the prices down let's and as their profits in trees people stop. so they've got what they need out of this they've got the control and frankly now because they have that control they don't need biotech anymore they've got the marketplace is to them they control the first link in the food chain. so they have one of. the worst the the were the one. water. possibly it's not traded now but it
could be in the future perhaps sure. i don't know much about it because there is no market to buy and sell water maybe there will be in the future if i have a market where people who need water and a market of people who have water can get together and. through their own best interest discover and that's an important word discover the price of that of that commodity. the world how dare a government how can a government how can. a group of supposed intellectual sit down and say this is the price of water everywhere around the world. will there be circumstances where some people will not have water. yes. that will happen that is the harsh